Credit Risk Manager

  • £75,000 - £85,000 + Bonus + Benefits + subsidised restaurant, PHI)

    London

     

    THE COMPANY

    They are a well-known and strongly established banking group with a unique brand history who offer their customers a truly personalised experience. The bank has strong employee values and is a collegiate environment.

     

    SKILLS AND EXPERIENCE REQUIRED

  • CeMAP qualification, or Technical credit or accounting qualification;
  • Minimum 10 years’ experience working in financial services, preferably retail banking;
  • Proven track record in assessing and sanctioning complex, high net worth (HNW) private client and commercial lending propositions, preferably as a sanctioner;
  • Experience of regulated and non-regulated mortgages (UK and offshore), development loans, secured and unsecured borrowing and contingent liabilities;
  • Experience in managing non-performing portfolios and strategies for recoveries / collections;
  • Expert financial analysis skills including ratio, trend and cash flow analysis, creating projections and stress testing;
  • Experience of analysis and interpretation of detailed credit risk data at a portfolio level and producing high quality reports and recommendations;
  • Some experience of contributing to or developing credit risk strategies and reviewing and drafting detailed credit policies and procedures

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    THE ROLE

  • Provide objective review of lending proposals submitted by RMs – whether sanctioning or making recommendations to 2nd line credit risk or Credit Committee
  • Ensure propositions meet the bank’s lending policies and within risk appetite
  • Perform day-to-day admin tasks on current accounts, reviewing any excess limits and considering any steps that may be required
  • Improve the quality of lending propositions by providing training to RMs and sharing best practice or technical developments in all areas of lending and credit risk
  • Assist with the production of monthly portfolio reporting including key workflow statistics and in-life loan book performance
  • Perform ad-hoc analysis to assess the impact of macro-economic trends and emerging risks on the portfolio
  • Support RMs in developing strategies for non-performing loans and overseeing progress – working closely with the bank’s internal and external advisers (lawyers, receivers).
  • Provide monthly update on high-risk facilities to second line risk with consideration of any provisions required.
  • Work closely with second line risk on the development of credit strategy, lending policy and procedures and risk appetite reporting
  • Contribute to the review of credit related process and controls, making recommendations for improvements and including the design of more efficient processes
  • Assist with embedding the bank’s Risk Management Framework through identifying and managing risks by contributing to the department’s Risk Control Self-Assessment process.